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10 Ridge Road

10 Ridge Road, Parsippany, NJ 07054
Property in Morris
Sold Feb 06, 2001
$337,052
$264,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2027
Sold May 10, 1996
$233,500
10 Ridge Road in Parsippany, NJ was first built in 1966 and is 58 years old. This has been categorized as a residential property type. It is a single story home. 10 Ridge Road has 2,120 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Ridge Road sold most recently in Nov 12, 2000 for a total of $337,052. If you work out the math, that's approximately a cost of $158.99 per sqft. Before that, the property was also sold for $233,500 in May 2, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,152 in taxes each year. 10 Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $359,300. If we break it down further, the land itself was valued at $190,000. Improvements to the property, however, were assessed at a total of $169,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 60-C 14

Ownership

  • Current Owner : LORENCOVITZ TIMOTHY
  • Current Owner 2: LORENCOVITZ JENNIFER
  • Previous Owner : KATZ JEROME R
  • Previous Owner 2: KATZ LAUREN M
  • Owner Before Previous Owner: TUCKER HERBERT
  • Owner Before Previous Owner 2: TUCKER MARILYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041704

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 237
  • Account Number: 02701110
  • District: 29
  • Parcel: 29 00486-0000-00014
  • Block: 486
  • Lot: 14
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8732
  • Longitude: -74.3791

    Address

  • Full Address: 10 Ridge Rd
  • Address - House Number: 10
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C022
  • 4-Digit Zip Code: 1615
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,152

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 655,298
  • High Value: 757,662
  • Low Value: 552,935

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 24, 2012
  • First Open Lien Mortgage Loan Amount: $264,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2027

    Market Valuation

  • Market Total Value: $468,327
  • Market Land Value: $247,654
  • Market Improvement Value: $220,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,300
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $169,300

    Sales

  • Current Sale Contract Date: Nov 12, 2000
  • Current Sale Recording Date: Feb 06, 2001
  • Current Sale Transaction ID: 1192449579
  • Current Sale Price: $337,052
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2001-009898
  • Previous Sale Recording Date: May 10, 1996
  • Previous Sale Contract Date: May 02, 1996
  • Previous Sale Amount: $233,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: U S MTG EXCHANGE
  • First Mortgage Transaction Date: Feb 06, 2001
  • First Mortgage Loan Amount: $269,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2031
  • Second Mortgage Lender: U S MTG EXCHANGE
  • Second Mortgage Transaction Date: Feb 06, 2001
  • Second Mortgage Loan Amount: $34,300
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Feb 01, 2016

About Morris



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12 Eckhardt Cir, Montville Twp., NJ, 07045-9176 Listing by SMITHA RAMCHANDANI

Frequently Asked Questions

What neighborhood is 10 Ridge Road located in?
The 10 Ridge Road is a located in the neighborhood of Morris in Morris, Parsippany.
What is the average sales price for listings in 10 Ridge Road?
The average sales price for units in 10 Ridge Road is $0 currently.

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